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are paying taxes some other way. >> corporations pass along taxes to their consumers anyway. to the customers as well, right, so then you're sort of saying they're going to get stuck with it. shareholders would get stuck with part of it and it also gets passed along with, that seems self-defeating, too. >> we're talking about lowering corporate taxes on the shareholders. on the beneficiaries of those higher. >> you worked in the white house, steve. you know the president. >> i do. >> you know the way he thinks and frankly many of his cabinet members and those quhis pwhispe his ear thing. he'll barnstorm the country and talk about the 39.6%, talking about marginal rates. where is the room to the extent you believe there's room, to compromise, with a house that doesn't want to talk about marginal rates at all? where is the white house able to compromise? >> i've been doing deals for many years, greg has, there's always compromise. could you put the buffett rule in to raise a bit of money over here? the beauty of this situation, it's difficult, but the beauty of it is, it's not
are paying taxes some other way. >> corporations pass along taxes to their consumers anyway. to the customers as well, right, so then you're sort of saying they're going to get stuck with it. shareholders would get stuck with part of it and it also gets passed along with, that seems self-defeating, too. >> we're talking about lowering corporate taxes on the shareholders. on the beneficiaries of those higher. >> you worked in the white house, steve. you know the president....
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tax-exempt bonds sound good when taxes are going up but the value of the bonds have been bit up because panic buying is pushing our interest rates go up. you'll lose a lot of principle on munis bonds. if you buy one today you have a 1% to 2% chance to the upside and a 40% chance of losing money. that's not good odds. run away from interest rate-sensitive bonds. that's my number one, you know, tip of the day, if you want to call it. stay away from that. >> the takeaway from ed. thank you for joining us, stewart. a pleasure. >>. >> 12 minutes before the closing bell. right now the dow jones industrial average is lower by 54 points. nasdaq higher by 70 point. >> violent protests in egypt are one of the many hot spots around the globe affecting our markets. we'll round off all of them and find out how they are affecting your money coming up next. >>> plus, one top democrat says members of his party threatening to jump off the fiscal cliff. they say, do it already! he says that's a business mistake. sandra levin joins us from capital to tell us why he thinks it's a baddied. working since i w
tax-exempt bonds sound good when taxes are going up but the value of the bonds have been bit up because panic buying is pushing our interest rates go up. you'll lose a lot of principle on munis bonds. if you buy one today you have a 1% to 2% chance to the upside and a 40% chance of losing money. that's not good odds. run away from interest rate-sensitive bonds. that's my number one, you know, tip of the day, if you want to call it. stay away from that. >> the takeaway from ed. thank you...
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the cuts, the tax hikes? >> usually i wake up about 3:00 in the morning and i wonder where are we going to balance the budget, first off with the economy as it is right now, it is just slowly increasing. we have a pension crisis just like every other state just about has a pension crisis. liz: you have had success. i want our viewers to know you have balanced -- balanced two previous budgets if not more, you have closed deficit holes of more than 4 billion dollars. you have had success. >> we went from a 4.2 billion dollars deficit to two one time budgets with no tax increases. but we have pensions that are eating up a good portion of the budget that we're going to have to address. if all of a sudden this federal money that has been coming to the state and going down to the local communities is cut off, we're going to have to sit back and say what services can we provide and what services are going to disappear? but what concerns me more is the unemployment that it's going to create. i think the cbo has said
the cuts, the tax hikes? >> usually i wake up about 3:00 in the morning and i wonder where are we going to balance the budget, first off with the economy as it is right now, it is just slowly increasing. we have a pension crisis just like every other state just about has a pension crisis. liz: you have had success. i want our viewers to know you have balanced -- balanced two previous budgets if not more, you have closed deficit holes of more than 4 billion dollars. you have had success....
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3.8% tax. this is going to happen regardless whatever comes out with the fiscal cliff. the "wall street journal" on saturday, the personal finance section did a great job explaining that. here it is, 3.8% tax, joint files of under $250,000. it's going to apply to dividends, x-munis. for now, munis not included. net capital gains, rents, royalties, and some investment annuities. what it is -- basically if a couple has adjusted gross income of $250,000, but they have $2,000 of interest, $4,000 of dividends and $1,000 in net capital gains would not apply. $240,000 -- but if you had capital gains, net capital gains of 10,000, you're in that threshold of 250, it's going to kick in and that 3.8% on that net, the net difference being $6,000 above 250 is 3.8%. $228. the point here is this is a number that everyone can at least try to think about and figure out where it is. this is happening no matter what happens with rise above. these are numbers you should start thinking about and planning right now
3.8% tax. this is going to happen regardless whatever comes out with the fiscal cliff. the "wall street journal" on saturday, the personal finance section did a great job explaining that. here it is, 3.8% tax, joint files of under $250,000. it's going to apply to dividends, x-munis. for now, munis not included. net capital gains, rents, royalties, and some investment annuities. what it is -- basically if a couple has adjusted gross income of $250,000, but they have $2,000 of interest,...
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. >> the first of my constituency, tax due on time. revenue of four billion pounds and last year less than 1 million pounds in patents. the government has issued a claim for unpaid taxes, will he allow us to draw the wrong conclusion about whose ideas on? >> the hon. gentleman makes an important point about making sure companies make their contributions and fair tax payments and our country. we put 900 lbs. specifically into revenue to make sure we do properly get individuals to pay their taxes and yesterday i announced one of the key priorities of the g-8 which i will be sharing, in northern ireland in june of next year. and get proper international agreement paying taxes properly. >> to my right hon. friend, a preschool opening next year. one of a most deprived to provide a letter for social mobility for young people. a great tangible assets but what the government is doing in terms of education. >> very kind invitation for my hon. friend. and all of the 78 preschools that have been established over the last two years making good pro
. >> the first of my constituency, tax due on time. revenue of four billion pounds and last year less than 1 million pounds in patents. the government has issued a claim for unpaid taxes, will he allow us to draw the wrong conclusion about whose ideas on? >> the hon. gentleman makes an important point about making sure companies make their contributions and fair tax payments and our country. we put 900 lbs. specifically into revenue to make sure we do properly get individuals to pay...
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we should have a cap of $25,000 cap on abductions and marginal tax rate go up. do you think the president will hold out for that? >> harry reid this afternoon was adamant, hope the house republicans are listening. the president has spoken. mitch mcconnell said we needed to tone down the reckless voices of the left. that will be the problem. these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody really knows. there was a proposal about the estate tax for the chairman of the finance committee in the senate, nobody really knows. we will have a million of these ideas between now and the christmas eve or new year's eve. david: will tim geithner lead the negotiations? >> tim geithner is in charge, but at the very top level. david: thank you very much. good to see you. back to you. liz: next we take you into the future find out the news moving the market tomorrow. plus, 12 drummers drumming, what will that run you? you don't want to know. wait until you hear how much all 12 da
we should have a cap of $25,000 cap on abductions and marginal tax rate go up. do you think the president will hold out for that? >> harry reid this afternoon was adamant, hope the house republicans are listening. the president has spoken. mitch mcconnell said we needed to tone down the reckless voices of the left. that will be the problem. these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody...
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that is tax free savings that is not taxed. >> that could just be taxed a lot more next year. >> exactly if all comes to fruition. >> talk about charitable giving. the deduction could go away next year. >> charitable donations of appreciateable assets are fully deductibles. this is one of the best banks for your buck. this is something you can do before the end of the year. all of this might be going away in the new year not necessarily the appreciateable donations that could be affected by income in the new year but something to think about if you have something on hand. >> the alternative minimum tax always gets complicated. >> don't sweat it. this is the amt tax. a lot of folks worry about it they haven't had to pay it before. 34 million more american households will be subjected to this ant tax if we fall off the fiscal cliff. they are saying don't fan panic about it. that many more households affected they are likely to come to some sort of agreement by the end of the year. >> that's good nis. why should we pay for next semester's tuition before the end of the year? >> you are still
that is tax free savings that is not taxed. >> that could just be taxed a lot more next year. >> exactly if all comes to fruition. >> talk about charitable giving. the deduction could go away next year. >> charitable donations of appreciateable assets are fully deductibles. this is one of the best banks for your buck. this is something you can do before the end of the year. all of this might be going away in the new year not necessarily the appreciateable donations that...
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he said people the realize how will the people self tax. one ceo of target in phoenix, arizona he has created a museum and has put around 200 million of his own money another friend gave 400 million to a health facility in nebraska, minnesota. bill gates paid 750 million i think to fight aids. we should get rid of touch it -- taxes as much as we can see you can descend have to spend your money rather than the government if you have a certain cause if you want to support it it would be nice if you have the choice for we're headed you'll be taxed in your money taken away it is a question. do believe the government should take your money and spend it for you? forty-one to spend it for you? he went on to say actually it is a surge to tax the productive billionaire guys because of everything they do for us. look at steve jobs, bill gates the government ought to pay them. why they collect money for what they have contributed? he also talks about the 47% and how dangerous they are. so that is a very familiar concept. in a way that this super rich
he said people the realize how will the people self tax. one ceo of target in phoenix, arizona he has created a museum and has put around 200 million of his own money another friend gave 400 million to a health facility in nebraska, minnesota. bill gates paid 750 million i think to fight aids. we should get rid of touch it -- taxes as much as we can see you can descend have to spend your money rather than the government if you have a certain cause if you want to support it it would be nice if...
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tax rates. there's ways of doing that. >> republicans always put revenue on the table. democrats always promise to cut spending. we never cut spending. what i'm looking for is more revenue for entitlement reform. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending cuts by the end of the year. >>> still to come, the miss crest shopping day of the year for online retailers. snapping up deals on big ike ket item. we'll get a look. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> today is cyber monday. analysts say it's not as big a day as it's been in past. so many people sh
tax rates. there's ways of doing that. >> republicans always put revenue on the table. democrats always promise to cut spending. we never cut spending. what i'm looking for is more revenue for entitlement reform. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending...
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is higher than ninety you have a huge future tax on your growth and you have negative downside for years to come but if you were one of the finance ministers what would you suggest as the solution i will start negotiating who should take the losses here because we need to reduce greek debt to g.d.p. below ninety percent if we really wanted for greece to have a future vote on his own but also certainly in part of the euro zone in europe so you need someone to take the loss of course the consequence of losses will be that countries like germany finland then the netherlands will have to take these losses and have sold them into their fiscal deficit something which is politically impossible to facilitate certainly twenty thirteen is an election year in germany so whatever is the most rational whatever is the best solution for greece is and remains out of reach in terms of being a political solution. and let's not check out the equity markets on wall street equities or in the rad that's following s. and p's biggest weekly gain since june the main reasons for concerns of the so-called fiscal c
is higher than ninety you have a huge future tax on your growth and you have negative downside for years to come but if you were one of the finance ministers what would you suggest as the solution i will start negotiating who should take the losses here because we need to reduce greek debt to g.d.p. below ninety percent if we really wanted for greece to have a future vote on his own but also certainly in part of the euro zone in europe so you need someone to take the loss of course the...
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cbo says middle class tax cuts are imperative, not ohioer income tax cuts. that's a fact. >> i think it's very possible and i think what has to happen now is that the republicans, many who say they're no longer listening to grover cleveland, at least not bound by his pledge, now need to listen to the electorate and the electorate has spoken. they say address the cliff. do so by extending middle class tax cuts but not those for upper income tax pairs becauyers -- >> i'm sure you were being cheeky there. listen, the issue, though, is that the spirit of our problem long term is too much spending. historically, you raise the taxes, then the spending cuts don't happen. and then what does that mean? that means future generations, like the ones today, are now facing higher taxes because of spending cuts that never came. what do you say to folks who say, if we raise taxes now, in the end you guys will never cut? >> because there will be some spending cuts in -- addressing the cliff. the budget control act, we did cut spending. we know it has to be done. first we hav
cbo says middle class tax cuts are imperative, not ohioer income tax cuts. that's a fact. >> i think it's very possible and i think what has to happen now is that the republicans, many who say they're no longer listening to grover cleveland, at least not bound by his pledge, now need to listen to the electorate and the electorate has spoken. they say address the cliff. do so by extending middle class tax cuts but not those for upper income tax pairs becauyers -- >> i'm sure you were...
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and i think taxes. we had a fight where you had the president advocating to increase taxes on people who made more than $250,000 a year. >> looking ahead at the agenda, how big is climate energy? >> if you look at what to this country needs to do to create jobs, having a sound energy policy makes incredible sense. i think there are it a lot of voters who cared deeply about this. voters have said repeatedly this is an issue they want addressed moving forward. from an economic standpoint and for the future of the country. >> you think the president will do something dramatic? >> he has a plan to move forward. >> is the new democratic movement dead or no longer relevant? >> i think that our party has always been the big party and we have different views and that is healthy. that is exactly why i believe i am a democrat. i believe our vision of the country has a lot of people working across party lines and there are folks in our party who all want to do one thing. that is work to move the country forward. w
and i think taxes. we had a fight where you had the president advocating to increase taxes on people who made more than $250,000 a year. >> looking ahead at the agenda, how big is climate energy? >> if you look at what to this country needs to do to create jobs, having a sound energy policy makes incredible sense. i think there are it a lot of voters who cared deeply about this. voters have said repeatedly this is an issue they want addressed moving forward. from an economic...
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from taxes. but you are also right that there has to be transparency and there has to be accountability in terms of what is paid for. often we say, let's go and look at the kind of well-rounded education kids have and private schools. but the other thing is that public schools -- it is our moral obligation. what we're seeing is that kids have special needs, we have to pay more for education for kids the special needs. guest: president of the american federation of teachers. she was elected in july of 2008 following 11 years as a vice president. she has experience in the law and also teaches at clara barton high people in crown -- high school in crown heights. our next caller is keen on the democrat line. good morning. we actually have jim now from wisconsin, caller: indepen. caller: i would like to ask randi weingarten, first of all, she is from new york, if i remember. teachers to sit in classrooms and they do not have students -- they get paid. that is because of the unions. about an author who
from taxes. but you are also right that there has to be transparency and there has to be accountability in terms of what is paid for. often we say, let's go and look at the kind of well-rounded education kids have and private schools. but the other thing is that public schools -- it is our moral obligation. what we're seeing is that kids have special needs, we have to pay more for education for kids the special needs. guest: president of the american federation of teachers. she was elected in...
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save the government a lot of money because exposing tax evasion the government will give you ten percent of what they saved so we have case after case after case now of whistleblowers in america receiving enormous sums of money one woman received one hundred thirty one million dollars as a ten percent of what she saved the government tax avoidance so those things are encouraging to some whistleblowers we don't believe in that here we don't think that people ought to take money because it'll it'll suggest that we're only doing this for the money is there a coach say in the covering up it's a long time culture it's one of the few things that you could say is uniquely british in a sense that the idea that when the police kill somebody nobody's ever convicted there's been a thousand deaths in police custody in this country in the last twenty odd years and not one policeman not one has ever been convicted it's always been covered up there's a famous case in two thousand and six where a brazilian electrician was shot to death by seven. uniform explain coast police in front of forty horrified p
save the government a lot of money because exposing tax evasion the government will give you ten percent of what they saved so we have case after case after case now of whistleblowers in america receiving enormous sums of money one woman received one hundred thirty one million dollars as a ten percent of what she saved the government tax avoidance so those things are encouraging to some whistleblowers we don't believe in that here we don't think that people ought to take money because it'll...
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reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again. >> house republicans are planning to bring in on wednesday a number of c.e.o.'s of caterpillar, goldman sachs and all state and other key players on fiscal includes including erskine bowles co-author of the simpson-bowles and the republicans want the business community to hear their ideas and make the case a big deal should include spending cuts and reforms. >>shepard: thank you, mike, from capitol hill. grover norquist will join neil cavuto next hour and talk about breaking the anti-tax pledge by some republicans. >> the generation leader who brokered the
reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again....
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a controversial mining law calls for higher taxes and guarantees the state a 15% share in the mining enterprise. >> the new mining law has not been a bad thing. it preserves the interests of the guineans, but we've not driven away foreign investors. the proof is that they continue to be here every day. the interests of the investors are taken into account because they are very important for us. those who show confidence in guinea, and put their capital here, should be compensated properly and find political stability. >> by evening the freight train from the capital conakry has finally arrived at the mine. it's hours late due to problems unloading the last batch of ore. the rain caused the bauxite in the open cars to clump together. the shift supervisor urges the loading workers to hurry. a phone call from the harbor. a ship is waiting to take the bauxite to ukraine for processing. guinea has no aluminum plant of its own -- another reason why this country profits so little from its vast mineral resource. >> and that's all we have time for on this edition of global 3000. if you want t
a controversial mining law calls for higher taxes and guarantees the state a 15% share in the mining enterprise. >> the new mining law has not been a bad thing. it preserves the interests of the guineans, but we've not driven away foreign investors. the proof is that they continue to be here every day. the interests of the investors are taken into account because they are very important for us. those who show confidence in guinea, and put their capital here, should be compensated properly...
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. >> some of the eu executives say the member states say increase in carbon tax is an affordable in cash-strapped times. >> the members are open to come up with concrete cut to cut these gases up the conference. >> with so many lights glowing in the night at thousands of cars rolling through the city, it they do not seem too worried about global warming. qatar's initials are highest in the world. >> they are ambitious open for change on global level. they want to work to a new agreement that will take effect by 2020. >> this is a historic conference. it is a vital importance, considering the items on the agenda. it is a turning point in the negotiations on climate change. >> breyer's, experts have sounded urgent warnings about melting polar ice and extreme weather. they say that in order to limit global temperature rise to two degrees celsius, greenhouse gas emissions must be kept low, but total emissions are still rising every year. many experts believe may it already be too late. temperatures could surge by of to four degrees celsius this century. compared to pre-industrial levels. the conseque
. >> some of the eu executives say the member states say increase in carbon tax is an affordable in cash-strapped times. >> the members are open to come up with concrete cut to cut these gases up the conference. >> with so many lights glowing in the night at thousands of cars rolling through the city, it they do not seem too worried about global warming. qatar's initials are highest in the world. >> they are ambitious open for change on global level. they want to work to...
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one thing is all the taxes eventually get paid. you don't get away with not paying taxes just because you put money into an ira. you have to pay when you pull it out of retirement. the second thing is there is no doubt today people can lower their tax bill, it will be definitely lower the savings rate if we were to do that. and finally, $100 billion is what we could raise. that is a drop in the bucket. a trillion plus dollars deficit. we need way more than these kind of things to fix this. we need to cut spending. that is what we need to do. this is the only way we will balance the budget. melissa: you make a point not everyone has made, just the impact of the stock market of what is going on. raising taxes on investment doesn't even hurt as much as just how much government spending is going on. >> i will try. this is the heart of economics. call it the cloud or the smart phone or the tablet, those technologies to throw out productivity efficiency. and the games society makes from these technologies, we get reinvested, sort of the
one thing is all the taxes eventually get paid. you don't get away with not paying taxes just because you put money into an ira. you have to pay when you pull it out of retirement. the second thing is there is no doubt today people can lower their tax bill, it will be definitely lower the savings rate if we were to do that. and finally, $100 billion is what we could raise. that is a drop in the bucket. a trillion plus dollars deficit. we need way more than these kind of things to fix this. we...
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have really we live facing this tax burden from the spanish state on the spanish state machinery are trying to fear campaign cancel and so we are european see the signs and know there's not such a presser that that the we would be out of the european union and seven a half million of people suddenly enough how that would be more difficult actually to manage to good order when it's necessary to be out and says not a consideration and we don't believe we're going to be out of the european union like a scotland are not going to be outside european union just because we are exercising universal rights as is the universal right of such a nation. we're talking of the most here. coming up in a few minutes it's made only of modern tie is but often is the opportunity to report from a small makeshift beda when school solenn that's. the mission taking the children only place to study social grace. waves of corruption are rocking russia hundreds of millions of dollars vanished for apec building projects and russia's got a nice satellite project a real estate scandal has also led to the defense m
have really we live facing this tax burden from the spanish state on the spanish state machinery are trying to fear campaign cancel and so we are european see the signs and know there's not such a presser that that the we would be out of the european union and seven a half million of people suddenly enough how that would be more difficult actually to manage to good order when it's necessary to be out and says not a consideration and we don't believe we're going to be out of the european union...
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the south korean government haho government officials have discounted corporate taxes and offered up land at cheap prices. >> translator: p d d d d d d d t orter: managers of lationship japanese firms jumped at the south koreans' offer. last year investment added up to $22 million u.s. dollars, four times what it was eight years ago. behind me is the industrial estate that opened three years ients clinininininininininininin manufacturer opened a factory ten kilometers away from their companies worked together to smooth out the production process. they discovered then fixed a glitch in one production line. the change cut costs for both sides. they say they could have only made such progress by working face to face. >> translator: now the japanese companies can supply us with more glass products, and we can bring in good materials. so for us it's a huge advantage. >> reporter: some say in the moment people in both countries see the tensions through a magnifying glass. they say both japanese and south koreans get along just fine, that they've reached a sense of maturity. kaho izumitani,
the south korean government haho government officials have discounted corporate taxes and offered up land at cheap prices. >> translator: p d d d d d d d t orter: managers of lationship japanese firms jumped at the south koreans' offer. last year investment added up to $22 million u.s. dollars, four times what it was eight years ago. behind me is the industrial estate that opened three years ients clinininininininininininin manufacturer opened a factory ten kilometers away from their...
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. >> they have to go up either real tax rates or effective tax rates. second we have to close significant loopholes. jon: bret baier is the anchor of special report. maybe we can get an explanation from you. the republicans are talking about raising revenue but not raising tax rates. how do they do that? >> reporter: basically they close tax loopholes, they put a cap on deductions. in other words for high income earners let's say the cap was $50,000 you would take in deductions, they don't specify what specific deductions it would be but that is the cap of tax deductions you could take and there by after that point you don't get any more deductions, so the amount of taxes you pay goes up. now this is not new, jon, this is what really mitt romney and paul ryan were running on, as they talked about it they got hammered again and again for not being specific on what tax deductions and loopholes were going to close. but this was the line for the republican standard bearer, the candidate. so when you hear these senators and congressmen talking about that and
. >> they have to go up either real tax rates or effective tax rates. second we have to close significant loopholes. jon: bret baier is the anchor of special report. maybe we can get an explanation from you. the republicans are talking about raising revenue but not raising tax rates. how do they do that? >> reporter: basically they close tax loopholes, they put a cap on deductions. in other words for high income earners let's say the cap was $50,000 you would take in deductions,...
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he says i would raise taxes if. then he lists this incredible list of reforms and entitlements that the democrats would never give him. i suggested, senator, you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> you're saying this is never going to happen. because if a republican says, you know what, i am actually not going to go with the pledge that i have signed and i'm going to, you know, do this compromise and vote for that, would you then target that lawmaker? would you say, you know, you're lying. you changed your mind from the pledge. now i'm going to put the substantial weight and efforts of your organization to try to unseat that republican candidate? >> george hervert walker bush broke his commitment to the american people. i don't think the americans for tax reform even put out a press release. somehow the american people figured out he broke his commitment. he couldn't get 38% of the vote when he ran in a general. he didn't lose in a primary. he lost in a general election. rai
he says i would raise taxes if. then he lists this incredible list of reforms and entitlements that the democrats would never give him. i suggested, senator, you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> you're saying this is never going to happen. because if a republican says, you know what, i am actually not going to go with the pledge that i have signed and i'm going to, you know, do this compromise and vote for that, would you then target that...
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record high brussels and seized on a stereo to measures which the government's cut spending and raise taxes increase in peoples and as well as euro skepticism here it is future european central bank headquarters here in germany and their building was initially supposed to be a symbol of integrity and competence efficiency and transparency of the e.u. main financial institution but many now gloat that the project that has already far behind shadow and over budget may be sending a slightly different message bottom line cynics have compared the bank's future premises with the biblical story of the tower of babel it was meant to reach up to heaven but ended up instead abandoned left as a symbol of hubris and conceit if you look at it it's considered i guess modern architecture sort of looks like sort of like it's been flat and squeezed and turn around and it looks like it might even sort of collapse on itself so it's kind of maybe a fitting symbol i think it's very possible that the euro itself the currency may not even be around by the time. when they finish that building the construction is d
record high brussels and seized on a stereo to measures which the government's cut spending and raise taxes increase in peoples and as well as euro skepticism here it is future european central bank headquarters here in germany and their building was initially supposed to be a symbol of integrity and competence efficiency and transparency of the e.u. main financial institution but many now gloat that the project that has already far behind shadow and over budget may be sending a slightly...
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Nov 26, 2012
11/12
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CNBC
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they talk about taxes on national television. i know important apornography w it. it made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who balks at someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledge to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad mini sales. wasn't that a product the doom and gloomers ha
they talk about taxes on national television. i know important apornography w it. it made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who balks at someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledge to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john boehner....
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Nov 26, 2012
11/12
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CSPAN
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it is all tax money. it is not suspicious. the textbook folks are getting a little closer to the classroom there. a little more suspicious. that part of the sector is dominated by for-profit players, whether the old line textbook providers are those transitioning into the new digital age and thinking more a online adapted products. it is much lower heat from the conversation. the closer you get to the classroom, how about school operators that contract with the local school district? a for-profit company running one are two schools or a network of schools and having a goal at the end of the year to have money left over to reinvest in the business to make a better and to return over some time to return to shareholders. even at harvard business school, a very small percentage of this was ok. it seemed the paradigm was what kind of activities to be the same the public sector has a legitimate right to provide. therefore it seems an encroachment from the private sector trying to somehow capture rents that are somehow more appropria
it is all tax money. it is not suspicious. the textbook folks are getting a little closer to the classroom there. a little more suspicious. that part of the sector is dominated by for-profit players, whether the old line textbook providers are those transitioning into the new digital age and thinking more a online adapted products. it is much lower heat from the conversation. the closer you get to the classroom, how about school operators that contract with the local school district? a...
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Nov 26, 2012
11/12
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CNNW
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> in syria ten children in a suburb outside dam afternooningus have become the latest victims in the ongoing violence. now, fighting has ripped this country apart. activists say more than 40,000 people now have been killed since the first pretest 20 months ago against the regime of president bashir al assad. nick payton walsh shows us what happens when bombs fall in, of all places, a playground. >> these disturbing images show what happens after a children's playground is hit, according to activists by a cluster bomb. refugees with nowhere else to hide apparently hit by a single deadly device dropped by a jet. some cluster bombs released smaller explosives to cause maximum devastat
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> in syria ten children in a suburb outside dam afternooningus have become the...
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Nov 26, 2012
11/12
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MSNBCW
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gains tax rate. you know what all of it is? all of it is about can they govern? can they govern? can we be governed? can the people in washington, d.c., in the house and the senate and the president, can they govern? >> they have to. >> well, they have to. they absolutely have to. >> just to make a point for those who thought that the health care reform law was historic, many people -- i actually assume that most of the five people at this table think that it's a shocking thing that america is the most powerful country on earth before the health care law was passed, had a massive number of many, many millions of uninsured people in the country when every other industrialized country has universal coverage. >> right. we do all agree with that, right? >> one of the more historic things, it's going to move millions of uninsured people into the ranks of the civilized world. >> and as the president promised, also not only is he going to put 30 million people on the rolls for health care, it's also going t
gains tax rate. you know what all of it is? all of it is about can they govern? can they govern? can we be governed? can the people in washington, d.c., in the house and the senate and the president, can they govern? >> they have to. >> well, they have to. they absolutely have to. >> just to make a point for those who thought that the health care reform law was historic, many people -- i actually assume that most of the five people at this table think that it's a shocking...
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Nov 26, 2012
11/12
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KQED
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lawmakers are under pressure to strike a deficit deal, preventing the tax hikes and deep spending cuts. wall street's week got off to an uncertain start, partly over concerns that strong holiday sales won't last. the dow jones industrial average lost 42 points to close at 12,967. the nasdaq managed about a ten- point gain to close at 2976. the woman who helped steer the government's regulatory response to the 2008 financial crisis is stepping down. mary schapiro announced today she's resigning as chair of the securities and exchange commission after nearly four years. president obama has designated s.e.c. commissioner elisse walter to replace schapiro, effective december 14. in bangladesh, thousands of people protested today over a deadly fire at a factory that makes garments for american and other companies. at least 112 people died in the saturday night blaze on the outskirts of dhaka, the country's capital. today, crowds of textile workers demanded justice and improved conditions. they accused management of putting production quotas ahead of people's lives. . >> reporter: what the f
lawmakers are under pressure to strike a deficit deal, preventing the tax hikes and deep spending cuts. wall street's week got off to an uncertain start, partly over concerns that strong holiday sales won't last. the dow jones industrial average lost 42 points to close at 12,967. the nasdaq managed about a ten- point gain to close at 2976. the woman who helped steer the government's regulatory response to the 2008 financial crisis is stepping down. mary schapiro announced today she's resigning...
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wealthy it has an economy the size of portugal's but in terms of the number in terms of the size of taxes they pay it's much more to central government than they actually get back from madrid in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those people who are against separatism do point out that if catalonia does withdraw from spain it could also mean it has to drop out of the european union and not many people in catalonia would be in favor of that if that turns out to be the case and maybe they would prefer the status quo so there are a lot of ifs and buts but what we do know as a result of today's election there is a growing sentiment of nationalism and a sense for independence here in catalonia. from the european partnership for independence believes claims catalonia would be unable to join the e.u. are simply madrid trying to derail the sepa
wealthy it has an economy the size of portugal's but in terms of the number in terms of the size of taxes they pay it's much more to central government than they actually get back from madrid in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those people...
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Nov 26, 2012
11/12
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KGO
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lights on now traffic bagging past the west grand over -- backing past the west grand overcrossing, fact tax getting by nicely, suggestish upper deck, very foggy, fog -- advisory for all bay area bridges, bumper-to-bumper out of tracy towards altamont. out of antioch very slow towards pittsburg and concord typical for this time of morning. leaving santa rosa 101 southbound a grind to novato, 80 east shore freeway, there's 680 to the 580 corridor. our waze app is free you can see your commute through san pablo and el cerrito, very slow, fog is a factor all morning, take extra care download this app free. >>> the fog can make the commute difficult. amy hollyfield joins us live from the bay bridge toll where the conditions there now look pretty foggy. >> reporter: it is thick. take a look at what the cars are going through behind me. you can see their tail lights, pretty thick and tough to see, far in front of you the kind of fog if you close your eyes and spun around a couple of times and opened your eyes you wouldn't figure out which direction you were facing, you can see far here's video we
lights on now traffic bagging past the west grand over -- backing past the west grand overcrossing, fact tax getting by nicely, suggestish upper deck, very foggy, fog -- advisory for all bay area bridges, bumper-to-bumper out of tracy towards altamont. out of antioch very slow towards pittsburg and concord typical for this time of morning. leaving santa rosa 101 southbound a grind to novato, 80 east shore freeway, there's 680 to the 580 corridor. our waze app is free you can see your commute...